FAIR LAWN, N.J.--(BUSINESS WIRE)--Vyteris Inc. (OTCBB: VYHN) today announced the completion of a new private placement financing transaction in which it raised $12.7 million in cash, for net proceeds of $11.4 million after legal and transactions costs of $1.3 million. This follows another financing round last October 2006 for $23.1 million.
